Steffan Posted July 24, 2005 Share Posted July 24, 2005 Between today and July 29, teams can buy out contracts. The Flyers is the first team to buy out contracts. They bought out contracts of Tony Amonte and John LeClair. They would have made over $10 million after the 24% roll back of salaries. Now the Flyers will save close to $9 million next season. As they are one of the few teams that have to get under the $39 million salary cap. http://sports.espn.go.com/nhl/news/story?id=2114888 Link to comment Share on other sites More sharing options...
BroChaos Veteran Posted July 24, 2005 Veteran Share Posted July 24, 2005 man, that sucks...being a flyers fan...i loved those 2 guys... Link to comment Share on other sites More sharing options...
Fred Derf Veteran Posted July 24, 2005 Veteran Share Posted July 24, 2005 The Leafs were expected to buy out Owen Nolan but now he's claiming that he's injured and will need surgery. I mean, hey, if you were injured then shouldn't you have had it done when last season was written off? I think his medical condition is expected to complicate the buyout. He could remain off the official payroll for this coming season if he gets the surgery but then his huge contract would be in place for next year and the Leafs would have to deal with that then. Link to comment Share on other sites More sharing options...
BroChaos Veteran Posted July 24, 2005 Veteran Share Posted July 24, 2005 i'm a little confused by all this...where are these big named players supposed to go? the cap seems pretty low, or is that just me? are they just expected to take less money, or will teams actually be able to fit them somewhere? Link to comment Share on other sites More sharing options...
Fred Derf Veteran Posted July 24, 2005 Veteran Share Posted July 24, 2005 i'm a little confused by all this...where are these big named players supposed to go? the cap seems pretty low, or is that just me? are they just expected to take less money, or will teams actually be able to fit them somewhere? 586261239[/snapback] Owen Nolan, for example, was expected to be bought out of his $6 million per season deal. He was expected to resign for under $1 million per season. The value of these types of players has dropped dramatically. Nolan Injury Clouds Leafs' Buyout Plan: http://torontosun.canoe.ca/Sports/Hockey/2...142760-sun.html Link to comment Share on other sites More sharing options...
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